With suitcases and packages stuffed with food, alcohol and construction materials, Taiwanese shoppers make their way towards a ferry in the Chinese city of Xiamen bound for the Taipei-administered island of Kinmen. People push airport-style trolleys loaded with suitcases and large packages up a ramp and onto the ferry before taking their seats.
At a sprawling vehicle test centre in the English countryside, a hydrogen-powered Grenadier 4x4 made by Ineos Automotive grips steep and rugged tracks, showcasing its off-road capabilities. Calder spoke from the UTAC vehicle test centre in Millbrook, a village north of London, where the hydrogen-powered vehicle quietly navigated dusty sharp bends and other obstacles.
Music streaming giant Spotify has been sued in a US federal court for allegedly underpaying songwriters, composers and publishers by tens of millions of dollars. "If unchecked, the impact on Songwriters and Music Publishers of Spotify's unlawful underreporting could run into the hundreds of millions of dollars."
"I don't really shop for groceries as often as I used to," said Jasmine Reed, 32, outside a store in northern Virginia, as she explained the impact of higher food prices on her shopping habits. Outside a grocery store in Falls Church, Virginia, on Friday, shoppers told AFP they had noticed an increase in the cost of everyday items in recent years -- causing some to change their buying habits.
Russia's economy grew 5.4 percent in the first quarter of 2024, official statistics published Friday showed, as President Vladimir Putin denied military spending on his Ukraine offensive was reaching unsustainable levels. On a state visit to China, Putin denied that Russia's vast military spending -- which he said had passed eight percent of GDP -- had hit unsustainable levels.
Workers at Mercedes-Benz's Alabama business are expected to learn Friday if they will shift into a union shop, following a contentious federally-administered election. For the Mercedes workers, voting concludes Friday morning with election results expected to be released by the National Labor Relations Board (NLRB) in the afternoon.
The president of Chinese electric vehicle maker XPeng on Friday criticised the fresh tariffs on Chinese cars imposed by Washington as "unfavourable" for the United States' energy transition. "The tariffs are unfavourable to its own climate and energy transition."
The sharp drop in prices for minerals critical to the green energy transition is masking a looming shortage due to inadequate investment, the International Energy Agency said Friday.
Boeing's annual meeting on Friday comes amid an exceptionally difficult period for the crisis-ridden company, creating potential for drama at an event that is usually a snooze-fest. The company, under heavy regulatory scrutiny following recent safety and quality control problems, has defeated shareholder proposals at past annual meetings that usually have lasted an hour or less.
A top Chinese economic official said Friday the state could buy up commercial real estate in a bid to boost the country's ailing housing market, currently battling an unprecedented debt crisis. And in a bid to boost the ailing market and ensure millions of unused homes go to those in need of housing, Beijing's State Council met Friday, state news agency Xinhua said.
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